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Decibel Cannabis Company Inc V.DB

Alternate Symbol(s):  DBCCF

Decibel Cannabis Company Inc. is a Canada-based consumer-focused cannabis company. The Company is focused on premium cannabis flower, vape, cannabis infused, and concentrate products, created through a vertically integrated business model. Its brands General Admission, Qwest, and Vox are among its portfolio, sold across Canada. The principal products produced and sold by the Company are ultra-premium cannabis flowers, vape cartridges, cannabis infused products, cannabis extracts, cannabis pre-rolls, and, on occasion, bulk amounts of cannabis biomass to other licensed producers in Canada. Its cannabis brands include Qwest, Qwest Reserve, Blendcraft by Qwest, Vox, and General Admission. Qwest cannabis is a small batch grown, nourished with glacial mountain water, hang dried, hand trimmed and cured. Its strains are hand selected based on aroma, flavor and effect, then blended for a smooth smoking experience. It also has AgMedica facility in Chatham, Ontario, as well as a licensed nursery.


TSXV:DB - Post by User

Post by Betteryear2on Apr 24, 2023 7:13am
214 Views
Post# 35409918

Decibel Announces Year End and Fourth Quarter Results

Decibel Announces Year End and Fourth Quarter Results

CALGARY, ABApril 24, 2023 /PRNewswire/ - Decibel Cannabis Company Inc. (the "Company" or "Decibel") (TSXV: DB) (OTCQB: DBCCF), a market leader in premium cannabis and extract manufactured products, is pleased to announce its audited financial results for the three and twelve month periods ending December 31, 2022.

"Our fourth quarter results capped off a year of strong financial performance with record results including market share, net revenue, adjusted EBITDA, and adjusted net income. This creates momentum heading into 2023 with demand continuing to grow and assets well positioned to deliver on this demand", said Paul Wilson, CEO of Decibel. "We have a number of 2023 catalysts that support an outlook where Decibel continues to build its market share and brand position in Canada and in turn leverage into international opportunities."

Decibel Announces Year End and Fourth Quarter Results with Record Fourth Quarter $25.8 Million Net Revenue and $7.1 Million Adjusted EBITDA (prnewswire.com)

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